Eagle Bluffs Wealth Management LLC boosted its holdings in shares of Energizer Holdings, Inc. (NYSE:ENR – Free Report) by 1.8% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 51,130 shares of the company’s stock after buying an additional 918 shares during the quarter. Eagle Bluffs Wealth Management LLC owned about 0.07% of Energizer worth $1,031,000 at the end of the most recent quarter.
Several other hedge funds have also recently bought and sold shares of ENR. CX Institutional acquired a new position in Energizer during the first quarter worth $33,000. Caitong International Asset Management Co. Ltd grew its position in shares of Energizer by 108.4% in the first quarter. Caitong International Asset Management Co. Ltd now owns 1,113 shares of the company’s stock valued at $33,000 after purchasing an additional 579 shares during the last quarter. Public Employees Retirement System of Ohio acquired a new stake in shares of Energizer in the fourth quarter valued at about $43,000. GAMMA Investing LLC grew its position in shares of Energizer by 306.8% in the second quarter. GAMMA Investing LLC now owns 2,563 shares of the company’s stock valued at $52,000 after purchasing an additional 1,933 shares during the last quarter. Finally, Curat Global LLC acquired a new stake in shares of Energizer in the first quarter valued at about $53,000. 93.74% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
ENR has been the topic of several research analyst reports. Wall Street Zen downgraded Energizer from a “strong-buy” rating to a “buy” rating in a research report on Saturday, September 13th. UBS Group reaffirmed a “neutral” rating and issued a $29.00 price target (up from $23.00) on shares of Energizer in a research report on Tuesday, August 5th. JPMorgan Chase & Co. raised their price target on Energizer from $27.00 to $28.00 and gave the company a “neutral” rating in a research report on Friday, July 25th. Barclays raised their price target on Energizer from $24.00 to $27.00 and gave the company an “equal weight” rating in a research report on Wednesday, August 6th. Finally, Truist Financial raised their price target on Energizer from $30.00 to $35.00 and gave the company a “buy” rating in a research report on Wednesday, August 6th. One research analyst has rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, Energizer currently has a consensus rating of “Hold” and a consensus target price of $31.43.
Energizer Stock Down 3.8%
NYSE ENR opened at $24.91 on Tuesday. The stock has a market cap of $1.70 billion, a PE ratio of 7.18 and a beta of 0.69. The company has a debt-to-equity ratio of 17.57, a quick ratio of 0.84 and a current ratio of 1.78. Energizer Holdings, Inc. has a twelve month low of $19.70 and a twelve month high of $39.51. The firm has a 50-day simple moving average of $27.32 and a 200 day simple moving average of $25.43.
Energizer (NYSE:ENR – Get Free Report) last announced its quarterly earnings results on Monday, August 4th. The company reported $1.13 EPS for the quarter, topping analysts’ consensus estimates of $0.61 by $0.52. The firm had revenue of $725.30 million during the quarter, compared to analysts’ expectations of $692.67 million. Energizer had a net margin of 8.60% and a return on equity of 181.90%. The company’s revenue for the quarter was up 3.4% compared to the same quarter last year. During the same quarter last year, the company earned $0.79 earnings per share. Energizer has set its Q4 2025 guidance at 1.050-1.150 EPS. FY 2025 guidance at 3.550-3.650 EPS. On average, research analysts forecast that Energizer Holdings, Inc. will post 3.58 EPS for the current year.
Energizer Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 10th. Shareholders of record on Thursday, August 21st were paid a dividend of $0.30 per share. The ex-dividend date was Thursday, August 21st. This represents a $1.20 dividend on an annualized basis and a yield of 4.8%. Energizer’s dividend payout ratio (DPR) is currently 34.58%.
Energizer Profile
Energizer Holdings, Inc, together with its subsidiaries, manufactures, markets, and distributes household batteries, specialty batteries, and lighting products worldwide. It offers lithium, alkaline, carbon zinc, nickel metal hydride, zinc air, and silver oxide batteries under the Energizer, Eveready, and Rayovac brands; primary, rechargeable, specialty, and hearing aid batteries; and handheld, headlights, lanterns, and area lights, as well as flashlights under the Hard Case, Dolphin, and WeatherReady brands.
See Also
- Five stocks we like better than Energizer
- How to Use Stock Screeners to Find Stocks
- Tesla Earnings Loom: Bulls Eye $600, Bears Warn of $300
- 3 Stocks to Protect Your Portfolio from the Coronavirus Contagion
- Cathie Wood Buys Alibaba and Baidu: Momentum or More Value Ahead?
- Roth IRA Calculator: Calculate Your Potential Returns
- This ETF Weeds Out Small-Cap Underperformers
Receive News & Ratings for Energizer Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Energizer and related companies with MarketBeat.com's FREE daily email newsletter.